The global X-ray inspection systems market for electronics & semiconductors is projected to grow at a CAGR of 11% from 2022, reaching a value of $772.8 million by 2029. This growth is driven by stringent government regulations for asset safety, increasing consumer awareness of quality standards, and the large-scale digitalization, automation, and miniaturization of electronic devices.

Further opportunities arise from the increasing automation of digital X-ray inspection systems, miniaturization for higher mobility, and enhanced user-friendliness due to technological advancements in hardware. Major trends supporting this growth include the application of AI in X-ray inspection systems and the adoption of CT inspection systems for production line applications.

However, challenges such as the availability of substitute technologies, high equipment and maintenance costs, and a lack of qualified personnel may restrain the market's growth. The market is segmented by component, imaging technique, dimension, application, and geography, with the hardware segment expected to hold the largest share in 2022 due to technological advancements in radiation sources, tubes, and flat-panel detectors.